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Valeura Energy Inc T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora field) and G11/48 (Nong Yao field). It holds a 100% operating interest in license B5/27 containing the producing Jasmine and Ban Yen oil fields. It holds an operated 70% working interest in license G1/48 containing the Manora oil field, which produces approximately 2,935 barrels per day (bbls/d) of medium-weight sweet crude oil. The Company holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin. The Company also operates Floating Storage and Offloading (FSO) vessel Aurora, location at Nong Yao field, offshore Gulf of Thailand.


TSX:VLE - Post by User

Comment by DocPaton Oct 01, 2024 1:01pm
231 Views
Post# 36248569

RE:RE:Top Growth Companies

RE:RE:Top Growth Companies"Simply bought"?!?!?  LOLOLOL You're hilarious Cyber37.

And yes, the colour is much more rich .. In its earlier iteration VLE also negotiated a farmout on their very large land package and assets in Turkey to a major (Statoil now Equinor) who spent over 100 million dollars on 3D seismic, drilling, testing and sciencing the heck out of the prospect. In the end, it wasn't as Statoil had hoped (20TCF plus) and VLE negotiated the 100% return of the prospect to them. This prospect still shows up on their MD&A's and so I don't think it is dead yet .. not at all.

And in true Champion style they then shifted gears and did all of the technical work on any number prospects around the world to ultimately close on an acqusition that was truly transformative. 

Gabriel is surly playing his horn for them all and I think he has many more tunes to play.

"Simply bought" LOLOLOL .. Thanks for the laugh Cyber, great way to start my morning.

Doc.  

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